Cheap Thai fruits fill the Vietnamese market

Published May 28, 2024

Tridge summary

Thai tropical fruits such as mangosteen, mini durian, rattan, and rambutan are being imported into Vietnam in large quantities, leading to a surge in the market. Prices are around 30-40% lower than last year, making them competitive with Vietnamese products. This influx is attributed to the harvest season in Thailand and a decrease in shipping costs. The Vietnam Fruit and Vegetable Association reports an 14% increase in fruit and vegetable import turnover in the first 5 months of the year, with Thailand's fruit and vegetable exports to Vietnam also seeing a 5% increase.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: Mangosteen, mini durian, rattan, and rambutan are imported by traders from Thailand, with prices 30-40% lower than last year and competitive with Vietnamese goods. From May, many Thai tropical fruits come into harvest. Surveys in Ho Chi Minh City show that Thai fruit is "flooded" in the market, imported by traders and sold at attractive prices, about 30% lower than last year. Ms. Loan - owner of an imported fruit store in Ho Chi Minh City said that Thai fruit has never been as cheap as this year. Currently, each kilogram of Thai mangosteen and bonbon retails for 55,000-60,000 VND per kg, and for Thai rambutan 45,000-60,000 VND per kg. This price is 30-40% lower than the same period last year. Similarly, Ms. Lan - a fruit seller at Ba Chieu market also said that in addition to popular fruits, high-end goods such as Thai rattan and mini durian are also cheaper than last year. For example, Thai rattan retails for 60,000-70,000 VND per kg, down 40% compared to ...
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